Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - GROUP 1 AUTOMOTIVE INC | h79467e10vk.htm |
| EX-23.1 - EX-23.1 - GROUP 1 AUTOMOTIVE INC | h79467exv23w1.htm |
| EX-21.1 - EX-21.1 - GROUP 1 AUTOMOTIVE INC | h79467exv21w1.htm |
| EX-12.1 - EX-12.1 - GROUP 1 AUTOMOTIVE INC | h79467exv12w1.htm |
| EX-31.1 - EX-31.1 - GROUP 1 AUTOMOTIVE INC | h79467exv31w1.htm |
| EX-32.2 - EX-32.2 - GROUP 1 AUTOMOTIVE INC | h79467exv32w2.htm |
| EX-31.2 - EX-31.2 - GROUP 1 AUTOMOTIVE INC | h79467exv31w2.htm |
| EX-32.1 - EX-32.1 - GROUP 1 AUTOMOTIVE INC | h79467exv32w1.htm |
Exhibit 10.28
Group 1 Automotive, Inc.
Summary of Non-Employee Director Compensation
Effective January 1, 2011
Effective January 1, 2011
| Amount | ||||
Annual Retainer1: |
||||
Cash |
$ | 35,000 | ||
Stock2 |
95,000 | |||
Additional Annual Retainers: |
||||
Non-Executive Chairman of the Board |
100,000 | |||
Audit Committee Chair |
25,000 | |||
Compensation Committee Chair |
15,000 | |||
All Other Committee Chairs |
10,000 | |||
Meeting Fees3: |
||||
Board |
2,500 | |||
Audit Committee |
2,500 | |||
Non-Audit Committee |
1,500 | |||
Vehicle Stipend |
17,600 | |||
| 1. | Payable in quarterly installments. | |
| 2. | Granted under Group 1 Automotive, Inc. 2007 Long Term Incentive Plan; valued at the date of grant. | |
| 3. | Abbreviated meetings, as determined at the discretion of the chair, will result in the payment of one-half of the regular fees for the meeting. |
Summary of Director
Stock Ownership Guidelines
Approved November 2009
Stock Ownership Guidelines
Approved November 2009
Directors are required to maintain ownership of a minimum of 10,000 shares of Group 1
Automotive, Inc.’s common stock. The minimum ownership requirement must be achieved within
five years of election to the Board of Directors. Restricted stock granted to directors as
part of the annual retainer counts toward the minimum ownership requirement without regard to the
vesting or other liquidity provisions related thereto.